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North Dakota Ag News Headlines |
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N.D. Soybean, Wheat Values Down Double Digits
North Dakota Ag Connection - 02/26/2020
The value of North Dakota's 2019 field and miscellaneous crops is forecast at $6.21 billion, according to the USDA's National Agricultural Statistics Service. This is down 12 percent from 2018.
The value of corn production is expected to total $1.62 billion, up 9 percent from the previous marketing year. North Dakota's corn price is projected to average $3.55 per bushel, up $0.23 from the last marketing year.
The value of soybean production is expected to total $1.41 billion, down 26 percent from the previous marketing year. North Dakota's soybean price is projected to average $8.10 per bushel, up $0.12 from the last marketing year.
The value of spring wheat production is expected to total $1.30 billion, down 20 percent from the previous marketing year. North Dakota's spring wheat price is projected to average $4.45 per bushel, down $0.67 from the last marketing year.
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